The 2006 Intellichoice winners are in, naming a new round of luxury car winners in terms of their Certified Pre-Owned (CPO) programs. Rankings are based on a variety of factors, namely the quality of the used car warranty, availability of special financing, tile verification, return policies, and emergency road service packages. The winners of the used luxury car 2006 Certified Pre-Owed program are in ranking order:
1.Jaguar
2.Volvo
3.Cadillac
4.Saab
5.Audi
#1 Used Jaguar Wins Top Slot in 2 Categories
According to the survey, if you're in the market for a used luxury car, a used Jaguar offers the best CPO package. The used Jaguar ranked first in both overall CPO package and in the category of CPO warranty. The Jaguar's original 72 month/100,000 mile warranty is seamlessly carried over to the used Jaguar following the sale. Even more appealing is that there is no deductible on many warranty repairs, a sign of Jaguar's confidence in its vehicle.
#2 Volvo
The Volvo ranked a close second in the Intellichoice awards. With the average Volvo lasting approximately 18.5 years, these used luxury cars are a smart choice. Volvo puts its used luxury cars through a 130-point Volvo-tough inspection then gives it a 6 year/100,000 mile warranty for its new owner.
#3 Cadillac
Before Cadillac inspectors deem their used luxury car ?certified? the car must pass a rigorous 100 point inspection which includes stringent guidelines on mileage, structural integrity, mechanical condition, or aesthetic appearance. Only when the used luxury car passes through all of these checkpoints is it considered Cadillac certified and ready for new ownership.
#4 Saab
The certification package of the Saab used luxury car ranked fourth this year with its automatic transfer of the original 4 year/50,000 mile warranty. Saab used luxury cars also qualified for a 72 month/100,000 mile warranty at the time of purchase. For the outer appearance, Saab used luxury cars also carry on the original 6 year/unlimited mile corrosion protection warranty.
#5 Audi
The used Audi ranked among the top 5 for best Certified Pre-Owned Package again this year. Not every used Audi passes the tough 300 point inspection required to become labeled ?certified.? A used Audi that does pass the inspection is backed by a 6 year/100,000 mile limited warranty. The new owner of the used Audi also receives the balance of the original no-charge scheduled maintenance visits.
Most used luxury cars come have outstanding Certified Pre-Owned packages. The used Jaguar, Volvo, Cadillac, Saab and the used Audi take the top 5 slots this year, making these great choices for your next used luxury vehicle.
Best Used Luxury Cars
Because today's luxury cars are engineered so well and built to last, buying used luxury cars has become an increasingly popular option among car buyers. For up to 30% less, shoppers can buy used luxury cars that look, handle, and even smell brand new. For many, buying used luxury cars means being able to afford thousands of dollars in luxury options like televisions, surround sound stereos, and GPS systems. Today's used car warranties can even rival that of a new car warranty if you do your homework before purchasing. Here you'll find some used car warranty points to consider when choosing among used luxury cars.
Dealer warranties speak volumes:
Ultimately, the reason you are buying a warranty for your used luxury car is because you want to enjoy a problem-free ownership experience, and this begins at the dealership. You can tell a lot about how much a dealership believes in the quality of it's vehicles by the standard warranty it offers. A dealership that offers a 90 day warranty is telling it's customers that it trusts the quality of the used luxury cars it sells exponentially more than a dealership offering a 30 day warranty. When buying used luxury cars, first choose your dealership then shop for your car.
Wear and tear or mechanical breakdown?
Some warranties only cover routine wear and tear on your vehicle and not the mechanical breakdown of the vehicle. Read the language in the warranty contract and ask questions to make sure that the warranty covers both. Although used luxury cars are built for longevity, if you're not protecting against both mechanical breakdown and wear and tear, you may as well not buy a warranty at all.
Look beyond price:
You'll want to comparison shop when evaluating car warranties, but you probably don't want to choose among the warranties with bottom of the barrel pricing. Many car warranties on the market with prices that seem too good to be true generally are. By shopping for car warranties of a higher value and therefore higher price, you will likely pay much less over the course of ownership than if you chose a cheap warranty with very little benefit.
Evaluate the warranty company's reputation:
There are plenty of fly-by-night car warranty companies that will take your money but won't be there to back up the claim. Reputation is essential when it comes to choosing a car warranty for your used luxury car. Be wary of any bulk mailed advertisements that offer lots of promises but don't offer complete details about contract terms. Look for longevity in a company, a positive rating from the BBB, or a referral from a reputable used luxury car dealership.
Dealership extended warranties:
Many warranty sales companies bash the idea of buying a car warranty from a used car dealership. It makes sense that many warranty companies would try to dissuade potential buyers from the warranties offered by dealerships; Dealerships who sell used quality luxury cars know what to look for in a quality auto warranty company and offer only the best to their customers. Because of this, most warranty companies don't stand a chance of being recommended. After all, dealerships of used luxury cars aren't selling their own warranties; they're recommending a warranty from their choice warranty company.
There are literally thousands of extended warranty companies out there and it can be difficult and time consuming to sift through them all. Finding a high quality warranty really boils down to working with a high-quality, reputable dealership that offers quality used luxury cars and quality warranties. Ask them why they choose to work with the warranty company's that they do.
A used luxury car dealership with a long history of satisfied customers will have a laundry list of reasons why they recommend the warranties they do unlike a newer or substandard dealership that may only be interested in offering the warranties with the highest profit potential. Buying used luxury cars is a great way to enjoy high quality at an incredible value. Finding the right extended warranty is what seals the deal on the overall value of ownership.
Christine Harrell has sinced written about articles on various topics from Mortgage, Careers and Job Hunting and Personal Desktop. Author is a writer for A & G Select Imports which specializes in , Mercedez and other fine luxury vehicles. For additional information about these services. Christine Harrell's top article generates over 550000 views. to your Favourites.
